DF Dent & Co. Inc. Sells 5,246 Shares of HD Supply Holdings Inc (NASDAQ:HDS)

DF Dent & Co. Inc. lowered its holdings in shares of HD Supply Holdings Inc (NASDAQ:HDS) by 8.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,075 shares of the industrial products company’s stock after selling 5,246 shares during the quarter. DF Dent & Co. Inc.’s holdings in HD Supply were worth $2,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. FinTrust Capital Advisors LLC raised its holdings in shares of HD Supply by 36.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 1,303 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 350 shares in the last quarter. Pearl River Capital LLC raised its holdings in HD Supply by 18.4% in the 2nd quarter. Pearl River Capital LLC now owns 2,368 shares of the industrial products company’s stock worth $95,000 after acquiring an additional 368 shares during the period. YorkBridge Wealth Partners LLC bought a new position in HD Supply in the 2nd quarter worth $124,000. Twin Tree Management LP raised its holdings in HD Supply by 61.2% in the 1st quarter. Twin Tree Management LP now owns 3,298 shares of the industrial products company’s stock worth $143,000 after acquiring an additional 1,252 shares during the period. Finally, Signaturefd LLC raised its holdings in HD Supply by 49.1% in the 1st quarter. Signaturefd LLC now owns 3,797 shares of the industrial products company’s stock worth $165,000 after acquiring an additional 1,250 shares during the period. Institutional investors and hedge funds own 97.93% of the company’s stock.

NASDAQ HDS traded up $0.28 during midday trading on Friday, hitting $38.43. The company had a trading volume of 78,974 shares, compared to its average volume of 1,637,499. The company has a quick ratio of 1.10, a current ratio of 2.05 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 11.32, a P/E/G ratio of 0.65 and a beta of 1.11. The firm has a fifty day simple moving average of $38.71 and a two-hundred day simple moving average of $41.26. HD Supply Holdings Inc has a fifty-two week low of $35.35 and a fifty-two week high of $47.13.

HD Supply (NASDAQ:HDS) last posted its quarterly earnings results on Tuesday, September 10th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.08. The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.63 billion. HD Supply had a net margin of 6.74% and a return on equity of 44.51%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the business posted $0.99 EPS. As a group, equities analysts predict that HD Supply Holdings Inc will post 3.52 earnings per share for the current year.

In other HD Supply news, insider Jana Partners Llc sold 733,657 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $40.76, for a total value of $29,903,859.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.89% of the company’s stock.

Several brokerages recently commented on HDS. Barclays downgraded shares of HD Supply from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $44.00 to $42.00 in a report on Thursday. ValuEngine upgraded shares of HD Supply from a “sell” rating to a “hold” rating in a report on Wednesday, September 4th. SunTrust Banks lifted their target price on shares of HD Supply to $50.00 and gave the stock a “buy” rating in a report on Wednesday. Royal Bank of Canada dropped their target price on shares of HD Supply to $38.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 11th. Finally, BidaskClub upgraded shares of HD Supply from a “sell” rating to a “hold” rating in a report on Monday, July 29th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. HD Supply currently has an average rating of “Hold” and an average price target of $46.36.

About HD Supply

HD Supply Holdings, Inc operates as an industrial distributor in North America. It operates through two segments, Facilities Maintenance, and Construction & Industrial. The Facilities Maintenance segment offers electrical and lighting items, plumbing supplies, appliances, janitorial supplies, hardware products, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products.

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Institutional Ownership by Quarter for HD Supply (NASDAQ:HDS)

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